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Bank Exams Questions

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Q:

Two payments of $10,000 each must be made one year and four years from now. If money can earn 9% compounded monthly, what single payment two years from now would be equivalent to the two scheduled payments?

A) 17296 B) 13296
C) 19296 D) 15296
 
Answer & Explanation Answer: C) 19296

Explanation:

i=j/m

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

1 4618
Q:

An amount of $255 was invested at 8.5% p.a. How long will it take, to the nearest year, to earn $86.70 in interest?

A) 2years B) 3years
C) 4years D) 5years
 
Answer & Explanation Answer: C) 4years

Explanation:

T = (100 x I)/ (P x r)

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Filed Under: Simple Interest
Exam Prep: Bank Exams
Job Role: Bank PO

0 4612
Q:

Antonym for Durable

A) Pressure B) Flimsy
C) Hard-wearing D) Withstand
 
Answer & Explanation Answer: B) Flimsy

Explanation:

Durable means able to withstand wear, pressure.

 

Antonyms for Durable are Delicate, Flimsy, Short-lived.

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Filed Under: Alphabet Test
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
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7 4612
Q:

Which best describes a tetrad?

A) A diploid cell B) Two gametes
C) Four chromatids D) A haploid cell
 
Answer & Explanation Answer: C) Four chromatids

Explanation:

A tetrad is best described by Four chromatids. It is formed from two homologous chromosomes, each consisting of two chromatids in the first stage of meiosis called prophase1.

 

A_tetrad_is_made_up_of1562827273.jpg image

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams
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6 4612
Q:

You find me once in the morning, twice in the afternoon but never in the evening. What am I?

Answer

The letter 'O'.

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Subject: Logic Puzzles Exam Prep: Bank Exams

22 4611
Q:

There are four consecutive even integers. Sum of the reciprocals of the first two number is (11/60). Find the reciprocal of third largest number of the series.

A) 1/12 B) 2/14
C) 1/14 D) 2/13
 
Answer & Explanation Answer: C) 1/14

Explanation:

Ans. C.
Let 4 consecutive even numbers are x, x+ 2, x+ 4, x+ 6
According to the question -
1/x + 1/x+2 = 11/60
x+2+x/ x(x+2) = 11/60
2(x+1)/x^2 + 2x = 11/60
120x + 120 = 11x 2 + 22x
11x 2 - 98x – 120 = 0
So ,
X = -24/22 , 10
X = -12/11 , 10
So, the numbers will be 10,12,14,16.
Hence,
Third largest number = 14
Reciprocal of third number = 1/14

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Filed Under: Numbers
Exam Prep: AIEEE , Bank Exams , GATE

2 4610
Q:

125% as a Fraction?

A) 1/4 B) 3/4
C) 5/4 D) 7/4
 
Answer & Explanation Answer: C) 5/4

Explanation:

Literally any percentage means divide by 100.

So 125% = 125100. That can be reduced to 5/4.

To convert to a decimal, you can do long division, dividing 5 into 4.

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Filed Under: Percentage
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5 4608
Q:

Proteins differ from one another because

A) The peptide bonds linking amino acids differ from protein to protein B) Each protein contains its own unique sequence of sugar molecules
C) The number of nucleotides found in each protein varies from molecule to molecule D) The sequence of amino acids in the polypeptide chain differs from protein to protein
 
Answer & Explanation Answer: D) The sequence of amino acids in the polypeptide chain differs from protein to protein

Explanation:
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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams , GATE
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration

0 4608